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India: Loan scam may spur private equity funding in real estate

Posted on 06 December 2010

From Thehindubusinessline.com: With the ‘bribe-for-loan’ scam casting a shadow over builders’ access to bank lending, real estate funds and private equity (PE) players now sense a business opportunity.
They are actively scouting the deal street for bargains, hoping that the loan scam will put more equity transactions on the table and prompt “realistic” valuations in deal signing……………………………………….Full Article: Source


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